❓ A member of parliament requests detailed information on all finance leases entered into by agencies within the Health and Culture and the Arts portfolios since 2008. The Minister for Health declines to provide the comprehensive data due to resource constraints, while the Culture and the Arts portfolio reports having no finance leases.
AnsweredQoN 5602Legislative Assembly
QuestionView source ↗
I refer to Note 3: Summary of Significant Accounting Policies, and specifically to sub-note (r) Leases on page 81 of the Annual Report of State Finances 2014-15, and I ask: (a) for each agency in the Minister's portfolio, please detail each finance lease that has been entered into since 8 September 2008 and currently in force for each agency; (b) for each such lease, please specify the specific infrastructure or property, plant or equipment that has been financed by such a lease, what value was assigned to that infrastructure or property, plant or equipment at the time the lease was created, and what is the current value of that infrastructure or property, plant or equipment; (c) for each such lease, who is the counter party for each lease, and on what date did each lease come into force, and when is it expected that the lease will expire; (d) what was the original value of each such lease, and what is the current value of each lease; (e) for the specific infrastructure or property, plant or equipment financed by each such lease, what is the expected value of the item at the expiration of the lease; (f) for each such lease, is there an obligation to make a "balloon" or similar payment at the expiration of the lease, and if so, what is the value of any such payment, and when is it due to be made; and (g) what is the “interest rate implicit in the lease” for each such lease?
AnswerView source ↗
Answered
16 August 2016
Responded by
Minister for Health; Culture and the Arts
Response time
47 days
Health Portfolio:
The provision of the information requested across all portfolio departments and agencies and over eight years contains a significant amount of detail, requires coordination of information across many sites and access to remotely stored records. It is not considered a reasonable or appropriate use of Government resources to provide an answer to these questions in relation to all finance leases.
Some information on financial leases is contained in agency annual reports which are publicly available on Department websites. Should the member have more specific questions related to individual finance leases I would be happy for these to be put on notice.
Culture and the Arts Portfolio:
As of 30 June 2016, the Culture and the Arts Portfolio has no finance leases.
The provision of the information requested across all portfolio departments and agencies and over eight years contains a significant amount of detail, requires coordination of information across many sites and access to remotely stored records. It is not considered a reasonable or appropriate use of Government resources to provide an answer to these questions in relation to all finance leases.
Some information on financial leases is contained in agency annual reports which are publicly available on Department websites. Should the member have more specific questions related to individual finance leases I would be happy for these to be put on notice.
Culture and the Arts Portfolio:
As of 30 June 2016, the Culture and the Arts Portfolio has no finance leases.
Explore WA Government Data
Search the full archive in the free dashboard, or query programmatically via API.
Explore more
Government Gazette
Appointments, regulatory notices, planning changes.
Hansard
Debates, questions, speeches and sentiment.
Tabled Papers
Reports and documents tabled in Parliament.
Committees
Committee profiles and recent reports.
Regulations
Subsidiary legislation with filters and summaries.
Bills
Proposed laws and parliamentary progress.
Acts
Current WA legislation and summaries.
Explanatory Memoranda
Bills with EMs (text/PDF) available.
Members
MP profiles, party breakdown and rankings.
Pollie Rankings
Data-driven rankings across 19 categories.
Amendment Chains
Track how schemes and regulations evolve over time.